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Registration procedures for adjustment investment certificates in case of division, separation, consolidation, merger business, after adjustment satisfies the following conditions:
- Not under areas of investment conditions prescribed in Article 29 Investment Law in 2005;
- Not under areas approved by the Prime Minister on the investment policy as prescribed in Article 37 of Decree 108/2006/ND-CP dated 09/22/2006 guiding the implementation of some articles of Investment Law;
- Projects with investment capital from 15 to 300 billion VND.
1. Executive order
Step 1: Investors apply registration adjustment investment certificates dossiers at Department of Plan and Investment/industrial area's management committee (including also the registration dossiers adjust the contents of business registration)
Step 2: Investors receive the certificate of investment adjustment at Department of Plan and Investment/industrial area's management committee
2. Components, the number of records:
a)The dossier shall be including:
- Registration document to adjust the investment certificate (applicable on Form 6 or Form 16 Annex I, Decision 1088/2006/QD-BKH);
- Minutes of meetings of the members / Board / General of Shareholders / Decision of the President of the Company (or the decision of the owner) through or decisions about the content on request for modification
- A copy of a certificate of organization and management structure of the Company (if any);
- A copy of investment certificate/investment licenses and adjustment certificates (in the case issued by the Management Board); copy notary's certificate of business registration (if any);
- Report on project implementation at the time of registration adjustment;
In addition to the above item, in each specific case, dossiers of adjustments need different document:
* Business merger profile:
- Contract on business merger signed by the representatives of Investors specified by Article 153, Enterprises Law 2005.
- Another document specified by Chapter II, Decree No. 88/2006/ND-CP issued 22/8/2006.
* Company divided Profiles:
- Decision on division of the company compliant with Article 150 Enterprise Law 2005.
- Other document specified by Article 15, Article 16 Decree No. 88/2006/ND-CP issued 22/8/2006.
* Company separation Profiles:
- Decision on separation of company compliant with Article 151, Enterprise Law 2005.
- Other document specified by Article 15, Article 16 Decree No. 88/2006/ND-CP issued 22/8/2006.
b) Number of dossier: 02 sets (including 01 original)
3. Time limit for settlement: 15 working day after receiving valid dossiers
4. Subjects performed: organization.
5. The results of the implementation of administrative procedures: Certificate.
6. Legal basic:
- Investment Law issued 29/11/2005;
- Enterprise income tax Law issued 03/6/2008;
- Enterprise Law issued 29/11/2005;
- Decree No. 124/2008/ND-CP issued 11/12/2008 detailing and guiding the implementation of a number of articles of the Enterprise Income Tax Law;
- Decree No. 108/2006/ND-CP issued 22/9/2006 detailing and guiding the implementation of a number of articles of the Investment Law 2005;
- Decree No. 88/2006/ND-CP issued 29/8/2006 on business registration;
- Decision No. 1088/2006/QD-BKH issued by Ministry of Plan and Investment 19/10/2006 on issuing the forms of documents to implementation the investment procedure in Vietnam.
* For any further request, feel free contact us
(Intercode Team)